Intellectual Property Rights
Intellectual Property Rights
Two categories:
Industrial Property - patents for inventions, trademarks, industrial
designs and geographical indications.
literary and artistic creations, generally referred to as “works”. A closely associated field
Works covered by copyright include, but are not limited to: novels, poems,
Similar rights of, among others, fixation (recording) and reproduction are granted under
related rights.
Many types of works protected under the laws of copyright and related rights require
mass distribution, communication and financial investment for their successful
dissemination (for example, publications, sound recordings and films). Hence,
creators often transfer these rights to companies better able to develop and market
the works, in return for compensation in the form of payments and/or royalties
(compensation based on a percentage of revenues generated by the work).
What are the benefits of protecting copyright and related
rights?